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in the markets. we will get to rich with the latest development now evolving president obama with these powdered subsistence, ricin, or whatever they may be in a couple minutes. dagen: nicole petallides is at the new york stock exchange with more. nicole: easy come easy go. use all the up arrow's yesterday. how about the tech heavy nasdaq version mark down over 2%. you had earnings and both bank of america and intel are to the downside. some cases, seven week lows for the european stocks. back to you. connell: thank you, nicole. dagen: learning a second letter containing a powdered substance thought to be ricin was also sent to president obama. connell: we do not know yet. rich edson has the story. rich: two letters, one sent to a senator, one sent to president obama. intercepted at a secondary facility. both containing a white powdery substance. the one sent to the senator preliminary tested positive for ricin. the one sent to president obama is also being tested right now. those who handled these letters are not showing any symptoms right now of being affected with some type of poison. this is
concerning president obama that were lost. they are now being followed up by some things that were more truthful. if you are out to lunch, you missed the whole thing. lori: we can confirm that the ap twitter account was attacked. it was to your point false. melissa: that is amazing. we are talking about the power of twitter you see the market perhaps react and respond to that. it is back to where it was now. a major stock to watch today is netflix. shares soaring today. time to make some money with charles payne. did you see what just happened? charles: so unfortunate when these things happen. one of the most amazing stealth rallies in history. it is really sad, sad stuff. i netflix. [ laughter ] my daughter is at the house on sunday. she said she is getting rid of cable and doing netflix. this is an amazing quarter for the company. what was interesting, i would have put up a table of the membership and the profit sources. everyone talks about streaming right now. you would be surprised. dvds really did well for them. their core business. melissa: isn't this amazing, remember dvds? char
in washington d.c. is widening. a letter addressed to president obama tested positive for the deadly poison, ricin, today. this after senator roger wicker of mississippi was targeted just last night. the deadly contents above letters was detected before being delivered to the white house and the capital. a sweeping defeat for gun-control advocates today. the senate voted against that to -- compromised amendment and would have extended background checks, against the assault weapons ban and against an amendment to ban high-capacity magazines. president obama appearing with former congresswoman--foot -- debbie giffords, the town victim's family members at the white house describing this as a shameful day for washington. blasting both the national rifle association and the senate. >> the gun lobby and its allies will fully lied about the bill. they claim that it would create some sort of big brother gun registry. even though the bill did the opposite. this legislation in fact outlawed any registry, plain and simple, right there in the text. that didn't matter. and unfortunately this pattern of
obama could have avoided this. here comes liz and charles. they're fired up about this and they're frequent flyers coming up. ♪ we went out and asked people a simple question: how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, one thing that hasn't changed: the official retirement age. ♪ the question is how do you make sure you have the money you need to enjoy all of these years. ♪ >> we are seeing real pain on the ground in the form of airport delays. maximum, deliberate pain because of those sequester cuts. here is what senator harry reid had to say about it. >> the airports across the country, millions of americans who fly will get their first taste of pain of sequestration. many americans have been feeling that pain for weeks. stuart: let's bring in liz macdonald on this one because the president specifically rejected a measure which would have given him the flexibility to say cut here, not the
on the latest on the boston marathon, president obama spoke at an interfaith church service as investigators search for the press or people responsible for the attack. rich edson has the latest. rich: president obama just arrived at massachusetts general hospital where he will meet with hospital staff, some of the victims of this. he was meeting with those of the boston athletic association, volunteers, victims' families, first responses, link the statement of the president of the added stake in boston speaking at the interfaith service attended by number of dignitaries including former presidential challenger mitt romney who was in attendance with his son. when you listen to what the president spoke for about noon he started speaking and set a stern message to the bombers. >> bostonians carried victims and their arms, little water and blankets, lined up to give blood. opened their homes to total strangers, give them lives back to reunite with their families. that is love. that is the message we send to those who carried this out to anyone who would do harm to our people. yes, we will find y
and we're not just talking about the market's. president obama in boston this hour attending the interfaith service for the victims of the attack. this is the investigation and those behind the bombing continues and the devastating news does not and there an explosion at a fertilizer plant wreaking havoc on the town of west texas. many are still missing and several said. connell: also the market's with nicole but first let's go to rich edson as the president is in boston. what about the bombings? >> what we look not right now from our security team that the fbi is considering whether to release video and pictures of what they believe could possibly believe one or two suspects. there is video of at least one of the devices being placed that is an internal process as to whether or not release that to the public. also from fox news officials are examining batteries many sold in the united states. the type they found as part of the device however it seems the bomber to the extra step not to purchase the regular battery but taking another to insert into the bomb. also significant
to president obama's budget and take a look at this statistic. 86% of tax increases will fall on people making $200,000 a year or more in 2015. this according to the new study by the tax policy center. what to make of this? joining us is the senior political analyst for the washington examiner. michael, good to see you. i'm more interested in the fact that earners nearly every income level will bear some sort of tax increase in this which flies in the face behalf president obama promised years ago. >> when president obama was running for his first term, he said he wasn't going to raise taxes on ordinary people. that's actually been violated in a number of ways, including in the obama care law and early increase in the cigarette tax that tends to hit down scale people more often than it hits upscale people. but in the second term, he's putting in his budget these proposals to change, as i understand it, the c.p.i. that means that your bracket increases will go into effect earlier. people will be thrust into higher tax brackets and so-called buffett tax which amounts to a sort of revival of the
: mike, thank you for being here. good to speak with you. mike baker. connell: president obama will deliver a statement at 11:30 a.m. eastern time. one of the questions people have brought up after the bombing yesterday and we will start to get into this today and the coming days, what if any impact they will have going forward on our economy. dagen: peter barnes has much more on this. peter: we looked at research reports on the impact of attacks of 9/11 back in 2001. the current economy has shown some softness recently in job creation and retail sales. any hits to consumer confidence may make things worse. two economists that i have talked to this morning do not think it will get too bad. the 9/11 attacks were targeted for the financial systems. consumer confidence rose sharply after the 9/11 attacks. experiencing the biggest monthly drop in a decade. the attacks caused more than 400 mass layoffs and displaced 130,000 workers. industrial production fell back then. the unemployment rate jumped more than a half a percentage point. we were already in a recession that september. w
the boston marathon? like, are you angry at, you know, not enough people follow michelle obama's gitelines for dieting? i have no clue. hard to make sense. >> i think it makes sense. i think it does make sense because it's a soft target, high profile, internationally known, and it's a soft target. you hit a soft target, and you do the same thing anywhere around this country, 10 we're all at risk, and that is the message of this bombing. >> but, stu, if you wanted to highlight, get the world's attention, blow up the bombs when the elite runners crossed, when the size of the crowd of observers was at the height, when the international media was zoomed in, but waiting an hour and a half, it was the size of the runner's crowd at the height. many of the race fans, if you will, went off. it was just family members and friends there. it's a different attack. i -- i'm very afraid that we're going to find out this was an idiot bombing with the mark david attack on john len non, a nut with something to prove. obviously, the horror is the horror no matter what, but if it's an international narrative,
with a live briefing one starts. dagen: president obama briefed this morning. we are looking at this live breast priest -- press briefing- press briefing. meantime in washington president obama was briefed this morning on the boston investigation. the man had. we go to rich jensen at the white house with the latest. >> reporter: a very fluid situation. the national security staff convening about an hour-long briefing this morning that ended -t about -- probably an hour ago. we were supposed to get a briefing in new from the press secretary, just a regular is scheduled briefing, the daily briefing. that has been pushed off, postponed to a time to be determined. we are learning now also comes from capitol hill. his reporting, is senior source on capitol hill was brief but a national data terrorism center saying that police believed dzhokhar tsarnaev is still in the boston area and it is important they get all the time and do so live because they want to find out if this is something broader. there is another person involved those sources saying it is hard to believe that these two men opera
. it should be triple that. we'll investigate. so much for president obama's second term bounce. his agenda, i say, falling apart, three key pieces going nowhere or in big trouble. a new hour of "varney and company" starts now. ♪ first, an update on the blast in texas. extraordinary video out this morning of the explosion in the town of west, texas. it started as a fire at the plant, but after firefighters rushed to the scene, the plant literally exploded, leaving first responders among the dead. the area around the area is decimated. that's a direct quote. five dead, 160 # woundedded. the blast so powerful it registered a 2.1 on the earthquake scale and felt as far as 45 miles away. more updates as the information comes in. check the big board, moving a little bit lower. we're down almost 50 points, 14500 is where we are. to nicole, the big stock followed today dipped below 400. that's apple. where is it now? >> right, at 398.52, watching it closely because yesterday was a monumental daybreaking down below 400 for the first time since december of 2011, so, obviously, it's been pummeled, dow
more on the reaction from washington, rich edson is live at the white house. president obama was briefed on the situation this morning, the situation room as it is called is active. rich: it is quite active and has been this morning and president obama started a meeting with the vice president, it lasted an hour. we have subsequent meetings here, secretary of state john kerry, secretary of defense shuts hegel, director of intelligence james clapper and others at the white house. however senior administration officials stress that is for previously scheduled meeting of national security principals, so nothing really specifically to do, nor was unscheduled specifically because of the events in boston, that was earlier this morning. news from capitol hill according to bret baier of fox news saying officials briefed lawmakers on capitol hill telling them they really want to get this second suspect alive find out perhaps if there are any more people involved, find out whether they have any training overseas or if they were radicalized in the united states or overseas and that has
that preliminarily tested positive for ricin. one addressed to president obama. one addressed to senator roger wicker of mississippi. they were intercepted before they got to their destinations. preliminarily testing positive for ricin. it takes 24 to 48 hours says the fbi to confirm it was ricin and that is something they're working o right now. a bit of a scare here in washington today as suspicious packages were reported in a number of different corners of senate office buildings. since that time after the initial care, all those packages and letters have been cleared. there are reports of suspicious letters being sent to a number of senate state offices. some of those have an about cleared. others are under investigation right now. also looking forward to tomorrow when president obama heads to boston for a memorial service. back to you. melissa: that's a lot. rich edson, thanks so much for that update. so as you know the boston marathon bombing sending shockwaves throughout our nation. we are still reeling from the death and destruction. joining me, kevin miles, a former fbi bomb technician and m
-month low. john kingston will tell us how low oil will go. lori: a letter sent to president obama was poisenned with ricin, parts of capitol hill shut down because of suspicious packages and letters. the buildings are just been cleared. latest ahead. melissa: the senate in the middle of the night, literally, boost the u.s. economy as supporters claim it will? lou dobbs is here. lori: let's update you on the markets as we do every 15 minutes, happening fast and furiously. we have the first check in this hour with nicole. what's the word on the floor among traders there, nicole? >> a couple things to note, obviously, we were selling off, back looking at what we looked at on monday, monday, we dropped 265 points, below even those levels. the vix, fear index, up 20% easily showing the nervousness in the market. selling across the board, particularly in economic sensitive areas like energy and technology, and apple, for example, below $400, and we'll is more on that throughout the show. the one thing to note is the volume is not as heavy like we saw on monday. there's less volume and l
passed the finish line. president obama has called for a moment of silence for the victims of the boston marathon bombings next hour at 2:50 p.m. eastern. exactly a week after the first bomb exploded. let's get you back to melissa and lori. melissa: thank you so much. fred chairman ben bernanke skipping the annual jackson hole meeting due to a schedule conflict. that news is already causing rampant speculation. this is a big deal. the fed chairman has been there 25 years. they use the of that to signal policy changes. what do you think is going on? >> i think again, chairman bernanke is opening the door that if in fact he is not re- appointed and i think the market expected before the announcement that he would not seek reappointment, they knew person would have a clean slate to work from. there've been not think that he would say in august that someone would have to change. i think a lot of discussion is that policy will change sometime in 2014. i think it makes it easier for the new person in not having to overturn policy. melissa: not going and not saying anything almost has the same
Search Results 0 to 16 of about 17 (some duplicates have been removed)